Biden to prohibit trade, investment with Ukraine breakaway regions: White House

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Biden to prohibit trade, investment with Ukraine breakaway regions: White House
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WASHINGTON: President Joe Biden will issue an executive order soon that will prohibit economic activity between US individuals and the two breakaway regions of eastern Ukraine that Russian President Vladimir Putin

Putin's recognition of the rebel-held areas could pave the way for Moscow to send military forces into the two regions - Donetsk and Luhansk - and argue that it is intervening as an ally to protect them against Ukraine.

The order will"also provide authority to impose sanctions on any person determined to operate in those areas of Ukraine," Psaki said.Baltics call for swift EU sanctions on Russia after it recognises Ukrainian breakaway republics "To be clear: these measures are separate from and would be in addition to the swift and severe economic measures we have been preparing in coordination with Allies and partners should Russia further invade Ukraine," she said.

 

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